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NMIMS – Business Statistics – A departmental store gives in-service training to its salesman which is followed by a test. The management is considering whether it should terminate the

A departmental store gives in-service Business Statistics   Questions: Q1. A departmental store gives in-service training to its salesman which is followed by a test. The management is considering whether it should terminate the services of the salesman who did not do well in the test. The following table gives the test scores, and the…
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NMIMS – Business Statistics – In today’s global scenario, Quantitative Techniques are widely used to take business decisions. Decision-Making on rational and logical basis has become

In today's global scenario Business Statistics Q1. In today's global scenario, Quantitative Techniques are widely used to take business decisions. Decision-Making on rational and logical basis has become imperative. Sampling techniques are used for analysis. However, these techniques do have their limitations. If you are a statistical analyst, what are the various limitations you would…
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